Recently, due to a severe liquidity crisis in five struggling banks, the related garment factories were unable to receive payments even after export proceeds were repatriated.

To resolve the resulting deadlock in financial operations for garment exporters, BGMEA President Mahmud Hasan Khan, Vice President Md. Shehab Udduza Chowdhury, and BGMEA Directors met with the Governor of Bangladesh Bank on 26 August 2025.

As a result, Bangladesh Bank announced the release of the withheld funds.

BGMEA President Mahmud Hasan Khan has requested member factories to collect the necessary funds for workers’ salaries and allowances from EXIM Bank and SIBL Bank.